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PTAD makes payment of 33% pension arrears

Sharon Ikeazor, PTAD Executive Secretary     BY NKECHI NAECHE The Pension Transitional Arrangement Directorate (PTAD) on Tuesday said it has paid pensioners under the Defined Benefit Scheme (DBS)...

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FCMB Completes 88.2% Acquisition of Legacy Pension Managers Limited with...

      BY NKECHI NAECHE—-FCMB Group Plc has successfully completed the acquisition of an additional 60 percent equity stake in Legacy Pension Managers Limited (Legacy). The acquisition, which increases...

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The plight of Nigerian pensioners: A legal and moral burden on federal and...

      In time past, Nigerians were protected from destitution and poverty, throughtraditional social security system, which was based on the concept of “our brothers keepers” and was influenced by and...

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Lagos conscious of electorate demand for accountability, equity’

Governor Akinwunmi Ambode     The Lagos State Government is aware that the electorate want a greater public sector transparency, accountability and equity, Governor Akinwunmi Ambode has said. Governor...

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Premium Pension holds pension desk officers forum

L-R: Idris Abubakar, Great Heights Academy, Abuja, Sola Oyekanmi, Abuja Broadcasting Corporation and Kabir Ahmed Tijjani, Acting Managing Director/CEO, Premium Pension Limited during the Pension Desk...

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PenCom issues new guidelines on voluntary pension contributions

  National Pension Commission (PenCom) has issues new guidelines on voluntary pension contributions This is contained in a circular dated 16 November 2017 to all licenced Pension Fund Administrators...

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FCMB Group Plc: No ‘Legacy’ is so rich as Funding

    At the start of the week, the management of FCMB hosted a conference call to review its nine-months 2017 result, provide guidance on outlook and update investors on its acquisition of Legacy...

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Premium Pension to commence payment of enhanced monthly pension to retirees

L -R: Mr. Baridoo Friday, Regional Manager South-South and Mr. Paddy Ezeala, Head, Corporate Communications and of Premium Pension Limited during the closure of the #MakeitHappen Campaign at the...

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Trade Union hails Ambode for workers welfare

  Trade Union leaders in Lagos State have hailed the State Governor, Akinwunmi Ambode for improved welfare of the State workers. Chairman, Lagos State Public Service Joint Negotiating Council (NJC),...

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Ghana: SSNIT increases monthly pension by 10%

  Those on the current minimum pension of GH¢276.00 will have their pensions increased to GH¢303.60 The Social Security and National Insurance Trust (SSNIT) has increased the monthly pension by 10% for...

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SSNIT increases minimum pension benefit to GHC303

  Existing pensioners with the Social Security and National Insurance Trust (SSNIT) will from January 2018 enjoy ten percent increase in the benefits paid by the Trust. It follows the upward review of...

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Premium Pension Name Sanda Mairami as new MD/CEO

Mr. Umar Sanda Mairami         As part of its strategy to provide excellent services and reposition the Company to greater heights, Premium Pension Limited appointed Mr. Umar Sanda Mairami as the new...

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Lagos conducts 120 foreign, local trainings for workers

L-R; Alhaji Lanre Malik, Managing Director, Gelim Macrodiylluor, Mr. Deji Koko, Director, Accounts. Permanent Secretary, Mrs. Clara Ibirogba, . Commissioner of Establishment, Training and Pensions, Dr....

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Premium Pension appoints new Executive and non Executive Directors

Mr. Kabir Ahmed Tijjani   In a strategic performance-driven reward system aimed at achieving immense potentials within the pension industry, the Board of Premium Pension Limited on Friday announced the...

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UN Appoints Adeosun into Pension Fund’s Investments Committee

Kemi Adeosun, Nigeria’s Minister of Finance         Global organisation, the United Nations, has appointed Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, into the Investments Committee of the United...

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SSNIT to ‘name and shame’ defaulting employers

Social Security and National Insurance Trust, (SSNIT), says it is considering another round of “naming and shaming” of employers that fail to pay contributions of their workers. According to SSNIT,...

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SSNIT deactivates 2,237 ‘ghost’ pensioners

The Social Security and National Insurance Trust (SSNIT) says it has deactivated about 2,237 ‘ghost’ pensioners from its payroll in a move aimed at preventing the Fund from being abused financially....

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There’s Improvement In pension payment and remittance-Says PenCom

L-R: Head, Contributions Bond Redemption Department, National Pension Commission, Lona Loyinmi; Head, Corporate Communications, Peter Aghahowa and Member of Integrated Payroll and Personnel Information...

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Lagos contributes 75% towards workers health insurance scheme, says Ambode

Lagos State Government contributes 75 per cent towards Health Insurance Scheme provided for its workers, Governor Akinwunmi Ambode has said. Ambode spoke while speaking on his achievements in the past...

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PTAD Adds 7,969 South-West & North Central Civil Service Pensioners To Payroll

Sharon Ikeazor, DG PTAD   PRESS RELEASE—-The Pension Transitional Arrangement Directorate (PTAD) has added 7,969 Civil Service Pensioners to its payroll to receive regular monthly pension payments....

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